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Internet is Used as Weapon in this David & Goliath Story
messages.finance.yahoo.com — Small investors are using the Internet to take on bankrupt Calpine. The Calpine Ad Hoc Committee has been speaking out against what they view as a "rape of Main Street," where the average investor is gamed by large investment institutions whose access to markets and large amounts of capital puts the average investor at a distinct disadvantage.
eChipaway- 9 diggs
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- egl9917, on 12/15/2007, -0/+0Shareholders of the world unite !! Stand up for your rights or you could be next!
- CPNLemming, on 12/15/2007, -0/+1Share holders raped???, you were told it could go to ZERO on CPNs own website right here. Check the middle of the doc.
http://www.calpine.com/restructure/General_QAs_FIN ...
For those of you that owned prior to BK maybe something being told by the BOD it wont happen. The rest of you post BK penny pumpers deserve nothing, none of you care about the company or its employees, just for a quick trade buck, is why you are screaming. Ready and willing to screw others over hoping to make a buck. Hold long, I made a million, bought a house, going to the moon. Hope you all choke on it.- MacBeanCounter, on 12/15/2007, -0/+0How is your hold long stock different than the one that is currently in BK. The management you relied upon to tell you the truth actually did. You did not get tricked into BK by hedge funds using Death spiral financing. You were not investing in Merchant power companies which was wise and or lucky of you over the last 5 years of wildly fluctuating energy prices. You assumption that this is all about penny pumpers is a little galling at this point. The company in question has really no business in Bankruptcy other than it got stuffed there and now as it is coming back out of the process the Wall street Bank Goldman Sacks, at least one hedge fund and management are not willing to give the existing shareholders a chance to make back their losses over the course of future growth of the restructured company. If you want to dis some propaganda in these situations turn your spleen towards those that manipulate the heck out of the bankruptcy process.
Bet then maybe you are one of the Attorneys that feed at this trough?
MacBean
- MacBeanCounter, on 12/15/2007, -0/+0How is your hold long stock different than the one that is currently in BK. The management you relied upon to tell you the truth actually did. You did not get tricked into BK by hedge funds using Death spiral financing. You were not investing in Merchant power companies which was wise and or lucky of you over the last 5 years of wildly fluctuating energy prices. You assumption that this is all about penny pumpers is a little galling at this point. The company in question has really no business in Bankruptcy other than it got stuffed there and now as it is coming back out of the process the Wall street Bank Goldman Sacks, at least one hedge fund and management are not willing to give the existing shareholders a chance to make back their losses over the course of future growth of the restructured company. If you want to dis some propaganda in these situations turn your spleen towards those that manipulate the heck out of the bankruptcy process.
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